{
  "id": 4800218,
  "title": "Nigeria’s textile, apparel and footwear sector shrinks for 9th straight quarter",
  "url": "https://urgent.news/2026/09/01/nigerias-textile-apparel-and-footwear-sector-shrinks-for-9th-straight",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T06:23:09.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/01/nigerias-textile-apparel-and-footwear-sector-shrinks-for-9th-straight-quarter/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Nigeria's textile, apparel and footwear subsector has contracted for the ninth consecutive quarter in Q2 2026, declining by 1.23% year-on-year in real terms, according to the latest GDP report released by the National Bureau of Statistics (NBS). The subsector's share of Nigeria's real GDP has also fallen to 1.77% in Q2 2026 from 1.87% in the same quarter of 2025, highlighting the prolonged weakness in the industry. Despite this contraction, manufacturers' confidence in the sector improved in Q2 2026, driven by expectations about the commercial environment and recent policy measures.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Nigeria’s power sector shrinks 10.63%, contracts for second straight quarter",
        "url": "https://urgent.news/2026/09/01/nigerias-power-sector-shrinks-10-63-contracts-for-second-straight",
        "published": "2026-09-01T06:57:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}